Spion said:
... And by exactly the same mechanism large swathes of the world lack basic amenities, healthcare, sanitation etc etc that we take for granted because it's simply not *profitable* to use resources in this way. That's just one aspect of course.
I am not sure it is the fault of the market that countries who have not developed as we in the west have, do not have as good a standard of living.
Spion said:
Living simply by the profit motive brings us wars, pollution, consumerism - I could go on. I think you'll see that my point is that the vast bulk of our species have little interest in furthering a system that only serves to enrich a tiny minority of the planet's population
Again I am not sure that the market can be blamed for wars, world war two was caused by a manic in Hitler trying to build an empire for lebensraum, the conflicts around the cold war, Vetnam and Korea were about the battle between two ideologies Capitalism and Communism fought by proxy in those contries because neither the USSR nor the US could afford to fight it out head to head because of MAD. The conflict in the former Yugoslavia was about religious and racial hatred, the troubles in Northern Ireland were about religious and sectarian hatred. Iraq was we are told about WMD or regime change but it may well also have been about oil. Indeed I am hard pushed to think of a war that was about the market.
A system that only serves to enrich a tiny proportion? well a tiny proportion are very well rewarded for taking on lot of risk that is certainly true (however a lot of people fail) but also the majority in Britain now enjoy quite a good standard of living compared wth countries that have not developed a viable market system.
The trouble is Spion that you are talking to someone that is so steeped in the market that I find it hard to conceive of any viable alternative. I love the way that markets develop, innovate and change, that the individual participants in them are locked into a very real struggle for survival every bit as fantastic and bloody as evolution by natural selection and it can be very rewarding to be a part of that almost natural struggle.
When I look at the difference in products and services that West Germany managed to achieve instead of East Germany I cannot help but think that West Germany was the better system.
Indeed, as an aside: when the border went up between the two Gemanys there was a BMW motorcycle factory annexed into the east. At the time they were making a world war two style of motorcycle, a horisontally opposed twin in the style of BMW. When the wall and the border came down all those years later and East and West Germany reunitied, the former East German factory was still making the very same motorcycle! They had not developed nor improved the design one bit, (It had just been renamed as the cossack). It was as if time had stood still over there, no competitive discipline, no investment, no development, no innovation, absolutely no progress.